BE ALERT: Texas Gas Prices Are Increasing Drastically During The Holidays

As Texans head home for the holidays, they should be aware that a road trip back to Texas may come with higher costs, according to KWTX. Currently, the average price for regular unleaded gas in Texas is approximately $2.67 per gallon however, the AAA Texas Weekend Gas Watch reports a nine-cent increase from the previous week and a seven-cent increase compared to the same time last year. Many Texans are noticing these fluctuations in gas prices and are eager to understand the factors behind them.

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WHY IS GAS INCREASING IN TEXAS?

Drivers have discovered that Valero and Circle K stations in certain regions of the state offer some of the lowest gas prices. Meanwhile, the national average is currently $3.04 per gallon for regular unleaded, which reflects a one-cent increase from last week and a four-cent increase compared to the same period last year. These price changes are linked to rising demand and decreasing supplies, especially as we approach the holiday travel season. AAA Texas estimates that around 9.1 million Texas residents will travel 50 miles or more during the holidays, with an impressive 90% choosing to travel by car.

FILL UP WHILE YOU CAN TEXAS!

David Armbrester, a spokesperson for AAA Texas, has indicated that gas prices are expected to rise as we near the end of 2024, with record-breaking holiday travel anticipated to further boost fuel demand. Given these trends, Texans are encouraged to fill up their tanks soon to avoid being caught in the surge of increasing gas prices.